Buyers

Home Buying

Knowledge and experience are the keys to a successful Real Estate transaction. HomeSmart Agents have the knowledge and experience necessary to help make the home-buying process easier and more understandable. Because our goal at HomeSmart is to provide you with the most informative and professional services available, we have included an overview of what to expect throughout the home-buying process.

You have already made the Smart Move by choosing a HomeSmart Realtor to assist you in the process of purchasing a property. The next step is to speak with a Lender and complete a loan application. This will allow the Lender to issue a Pre-approval letter, which MUST be submitted with all offers to purchase.

After you have determined which loan program best fits your needs, you will create a detailed description of the home you hope to find. Your HomeSmart Agent will use this criteria to refine your search and focus on homes that offer the features most desirable to you. During the search process, we will familiarize you with the most commonly used documents in Real Estate transactions.

Once you have located the property you wish to purchase, your HomeSmart Agent will assist you in establishing the offer you would like to make. Remember, this will include not just the price, but terms and conditions as well. After your offer has been accepted, your HomeSmart Agent will begin the escrow process by depositing your earnest money at the Title Company you have chosen.

Now that you have a property in escrow, there are several inspections that will need to take place. Your HomeSmart Agent will help you to determine which inspections are appropriate for the property, and make sure that they are conducted during the time period specified in the purchase agreement.

In order to protect your investment, there are several types of insurance available to be places on the property. Some of the most common are Homeowner's, Title and flood insurance. Although not an "insurance" in the typical sense, a Home Warranty should also be considered when deciding on the protection that is best for you.

Here at HomeSmart, we know that your actual purchase is only part of the overall picture. Our goal is to make sure that the entire process, including the move into your new home, is as smooth a transition as possible. In order to do that, we will provide you with helpful hints such as a change of address checklist, packing tips and an arrival kit checklist.

Before closing on your new home, you will have an opportunity to conduct a final walkthrough of the property and verify that any repairs requested have been completed, and that the property is in substantially the same condition as n the date of contract acceptance. Once completed, you will sign all of the necessary documents to finalize the transaction at the Title Company. When the deed is recorder, the house is yours! Congratulations!

We hope this overview as been helpful. We are committed to providing the most informative and professional services available now and in the future.